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Author Topic: [ANN][KMD][dPoW] Komodo - An Open, Composable Smart Chain Platform, Secured by B  (Read 1150499 times)
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December 22, 2016, 04:01:56 PM
 #3161

I hope 1 week of swap will be either before holidays or in the new year. Some people might miss it while enjoying with their families.

BTCD swap to Komodo will continue throughout 2017.   The snapshot will be approximately one week after ico site acceptance. This is for REVS asset,   an additional asset to compensate for the revshare that was promised to BTCD holders.  This is SEPARATE from swapping BTCD to Komodo.

I'm a little bit confused ?¿?

If i have BTCD, is it better to swap them to KMD, or wait a year and swap it to revshares ?
You get both REV & KMD if you have BTCD, but REV will be awarded based on how many BTCD you have in an address you control when a snapshot of network is taken, while you can keep buying and converting BTCD for a year from when swap starts to get KMD.

So it's better to transfer the BTCD's into a wallet...wait a few weeks (till the snapshot ist done) and then change the BTCD to KMD ?

How will i get the revshares?  ...i think it will send out to the user in ~ 1 year, or I'm wrong ?
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December 22, 2016, 04:17:07 PM
 #3162

I hope 1 week of swap will be either before holidays or in the new year. Some people might miss it while enjoying with their families.

BTCD swap to Komodo will continue throughout 2017.   The snapshot will be approximately one week after ico site acceptance. This is for REVS asset,   an additional asset to compensate for the revshare that was promised to BTCD holders.  This is SEPARATE from swapping BTCD to Komodo.

I'm a little bit confused ?¿?

If i have BTCD, is it better to swap them to KMD, or wait a year and swap it to revshares ?
You get both REV & KMD if you have BTCD, but REV will be awarded based on how many BTCD you have in an address you control when a snapshot of network is taken, while you can keep buying and converting BTCD for a year from when swap starts to get KMD.

So it's better to transfer the BTCD's into a wallet...wait a few weeks (till the snapshot ist done) and then change the BTCD to KMD ?

How will i get the revshares?  ...i think it will send out to the user in ~ 1 year, or I'm wrong ?
yeah you can buy for the snapshot and keep in a wallet, after snapshot you can send them to ICO site to get your KMD. REV is probably going to be a NXT token i think so it will be sent to your NXT wallet but i am not sure about that. I heard about making it available for trading on an exchange.
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December 22, 2016, 04:24:23 PM
 #3163

There is exact date and time when will be swap BTCD=>KMD ?

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December 22, 2016, 04:26:24 PM
 #3164

There is exact date and time when will be swap BTCD=>KMD ?

Nope it will be done when its done i think, neither any progress status or page. They said it will be posted here when done.
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December 22, 2016, 06:14:19 PM
 #3165

Will we be able to trade our KMD bought on ICO on january? Delay on development may harm price when KMD get indexed in exchange platform. I am eagerly waiting to trade my KMD.

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December 22, 2016, 06:43:47 PM
 #3166

Hello







I'm a technician 14 years ago



I am in the world of cryptocurrencies since 2012 with my first FPGAs and GPUs. After I invested in Swedish ASIC. Until I get tired a little of the arms race.



If we want world adoption we need worldwide network. Diversity in the locations , will offer better service around the world.



In the region that Im elected I will actively participate to resolve doubts or help in whatever is needed.  Not 24/7 Im not komodo team member

I will advertise (signature profile etc..) the project by crypto forums of that region. Translated by natives of those countries.I will not spend money. Spend my time is value too

If I am elected in 2 or more regions. As soon as DEX is operative I will send messages  everyday 4-5 times at trollbox of 40 exchanges with more volume. https://www.cryptocoincharts.info/markets/info

In addition if I am elected in the 4 regions I will mount an LP Node in Asia, without charge to the platform. To give liquidity to DEX.  This region has more than half of the world's population with internet access and at most will have 13 notary nodes.

I am very interested in the project and move on.

I deploy 4  high performance Nodes . Mined more than 46000 KMDS .

These nodes are  online 24/7. Joined to testnet first days. Updated 2 times a day.

I dont use obsolete & cheap hardware. My oldest hardware since 2014.

Nodes are datacenter tier 3 less than 2 hours degraded service annual & tier 4  less than 1 hours degraded service annual

2 of these nodes have a 1Gbit WAN bandwidth unmetered they Are  SeedNotary . These will hardly be saturated by downloads or conections.



My nodes aren't located in the same cities as the majority at cheapest providers .

If we want an equal service for anyone in the world. (Latency, download, etc ...). We need a balanced network. A network with high percentage of its nodes in the same cities, isn't balanced.

I hope your votes

https://www.komodoelection.com/candidates/titomane
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December 22, 2016, 10:36:51 PM
 #3167

i think if you are not day trading but just want to invest long term with privacy, decentralized exchange is great for you, only problem is liquidity & volume.

Up until this point there exists only one decentralized exchange. U know what its called.

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December 22, 2016, 10:38:26 PM
 #3168

This whole Komodo thing is Lisk surrogate. Both Komodo and Lisk aint worth being looked at or long/mid term played with unless ETH crashes to unseen levels.

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December 22, 2016, 10:51:18 PM
 #3169

Will we be able to trade our KMD bought on ICO on january? Delay on development may harm price when KMD get indexed in exchange platform. I am eagerly waiting to trade my KMD.

My opinion on this is , as long as it does not hit on exchanges , the price of KMD remains @ 0.00012909 btc. Considering the rising value of bitcoin, we should be glad 😁
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December 22, 2016, 11:43:50 PM
 #3170

Will we be able to trade our KMD bought on ICO on january? Delay on development may harm price when KMD get indexed in exchange platform. I am eagerly waiting to trade my KMD.

My opinion on this is , as long as it does not hit on exchanges , the price of KMD remains @ 0.00012909 btc. Considering the rising value of bitcoin, we should be glad 😁

Why not 0.00012908? Is it too low for u to not lose ur temper? Would u go all in on an ultimate short if it crosses 0.00012907?

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December 23, 2016, 05:04:32 AM
 #3171

There is also that ICO address https://blockchain.info/address/35Rwwc9e2Mj7smFXJ1iXF826cMW3tqfz6x
Is it empty already?

EDIT: My bad, some glitch on blockchain.info
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December 23, 2016, 05:22:48 AM
 #3172

I just hope kmd distribution is near .  That in sense we will be able to know what is the value of KMD
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December 23, 2016, 05:26:19 AM
 #3173

Will we be able to trade our KMD bought on ICO on january? Delay on development may harm price when KMD get indexed in exchange platform. I am eagerly waiting to trade my KMD.

My opinion on this is , as long as it does not hit on exchanges , the price of KMD remains @ 0.00012909 btc. Considering the rising value of bitcoin, we should be glad 😁

Why not 0.00012908? Is it too low for u to not lose ur temper? Would u go all in on an ultimate short if it crosses 0.00012907?
This is what startles me the most.

There are about 30 people working very close to KMD now including PondSea, mr_e, ludom, James, twin and a rest of not so poor gang coming from NXT. Why is BTCD price is sooo low now? Are you guys dumping them on us to have them back in 2-3 weeks? Or maybe you're out of BTC as the rest of fully loaded us? Or you guys have no trust in your own coin? 200 BTC is not a lot? Well, buy them up.

I am not trying to fud here, but it just does not click. I keep buying as much BTCD as I can and the price only goes lower every day. How is that even possible without huge daily dumps? And who in their right mind would dump when switch is so close? I am probably too paranoid, or too frustrated with what is happening on the pre-KMD market. What do you guys think?

EDIT:  BTW, BTCD price is nearing pre-KMD announcement ...

The BTCD price drop is no body fault...because all alcoins including eth are suffering the same price drop daily when Bitcoin price rise.
This happen because Bitcoin price is rising, so all alcoins price are dropping when Bitcoin rise.

This is not new, this same trend happen last year and previous years...when Bitcoin price rise, all alcoins price will drop.
I guess it because all exchanges depending on Bitcoin to trade for alcoins & fiat, thus all alcoins price will get effected when Bitcoin rise.

Hopefully Bitcoin price will stop rising early next year, then alcoins price including BTCD price will rise again.
So for now just be patience and just wait till it Bitcoin price cool down...




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December 23, 2016, 05:33:25 AM
 #3174

Altcoins will probably temporarily lose value but they will surely level out. I don't see the rise of Bitcoin as a bad thing for cryptocurrencies. Especially if we are talking about Komodo.
Currencies that are trying to replace Bitcoin will lose value and fade out eventually. Instead we need altcoins that increase Bitcoin's value and secures its own.

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December 23, 2016, 05:35:51 AM
 #3175

This whole Komodo thing is Lisk surrogate. Both Komodo and Lisk aint worth being looked at or long/mid term played with unless ETH crashes to unseen levels.

..........this guy

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tclo
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December 23, 2016, 07:12:41 AM
Last edit: December 23, 2016, 07:46:49 AM by tclo
 #3176

About when do you think we will start to see KMD being traded on major exchanges like Poloniex?  I missed the presale, but interested in buying some soon after it hits the market.

And what is the deal with the conversion to BTCD to KMD?   I wonder if I should buy some BTCD, although looks like price has been dropping hard lately.
polycryptoblog
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December 23, 2016, 07:41:50 AM
 #3177

Will we be able to trade our KMD bought on ICO on january? Delay on development may harm price when KMD get indexed in exchange platform. I am eagerly waiting to trade my KMD.

My opinion on this is , as long as it does not hit on exchanges , the price of KMD remains @ 0.00012909 btc. Considering the rising value of bitcoin, we should be glad 😁

Why not 0.00012908? Is it too low for u to not lose ur temper? Would u go all in on an ultimate short if it crosses 0.00012907?
This is what startles me the most.

There are about 30 people working very close to KMD now including PondSea, mr_e, ludom, James, twin and a rest of not so poor gang coming from NXT. Why is BTCD price is sooo low now? Are you guys dumping them on us to have them back in 2-3 weeks? Or maybe you're out of BTC as the rest of fully loaded us? Or you guys have no trust in your own coin? 200 BTC is not a lot? Well, buy them up.

I am not trying to fud here, but it just does not click. I keep buying as much BTCD as I can and the price only goes lower every day. How is that even possible without huge daily dumps? And who in their right mind would dump when switch is so close? I am probably too paranoid, or too frustrated with what is happening on the pre-KMD market. What do you guys think?

EDIT:  BTW, BTCD price is nearing pre-KMD announcement ...

BTCD for whatever reason has always been tied more with fiat than bitcoin. In terms of fiat gains,  BTCD has over tripled in less than a year even BTC gains even at this low level are at least 33%.   Currently there is 63 BTC under ICO value on poloniex and  1.82 BTC worth on bittrex the two biggest exchanges for BTCD trade.   This is down from 150 BTC just a couple weeks ago.    At this time as you are probably aware bitcoin is doing quite a nice rise.   It is not unreasonable to think that some traders will choose to take profits,  especially before the end of this tax season.  

I'm hodling,  and buying like you are,   and I suspect there are many who are.  

Some developers have been hired.   Fadeddreamz and Kolo .    But the majority of the ICO funds raised are for long term  group signed message transactions and tx fees.    BTC tx fees which are minimal now   may not be so in the future.   If you look at it in fiat terms  the cost of tx fees has gone up 1000+%    just due to the nature of Bitcoin's value raising.  If bitcoin continues its trajectory, the next 10 years then it could be a dollar or more per tx fee.   BTC stored now eliminates having to get it later on which could be a big drain on the system.  

I understand your paranoia and distrust,   but please join our Slack channel and you can see for yourself the progress that is being made.   The goal is to release a "granny-proof" product.  Meaning that not only is the UX flawless  but intuitive.    One of the major obstacles to get new users into the crypto space is the technical savvy you need to even do basic functions.   Most of this has been circumvented by users who are interested  to use third-parties.   The recent string of hacks/thefts   shows the danger of users taking this approach.   Iguana and EasyDEX aim at being a solution to this problem  by being an easy way people can hold and trade their coins without a third party all with a simple double click install across all OS's.   This is an ambitious endeavor  but the hard part is done.

Usable products are not far off, the culmination of over 2 years of daily coding  that lays the foundation for entrepreneurs, developers and users to have easy access to blockchain technology.

polycryptoblog
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December 23, 2016, 07:43:33 AM
 #3178

About when do you think we will start to see KMD being traded on major exchanges like Poloniex?  I missed the presale, but interested in buying some soon after it hits the market.

And what is the deal with the conversion to BTCD to KMD?   I wonder if I should buy some BTCD, although looks like price has been dropping hard lately.


Exchange listings are up to the exchange, however I can say it will be after wallet release and KMD distribution.

If you would like to get in KMD,  BTCD is the way to go as of this time,   anything under .00651 is a bargain.
rohitgarnaik
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December 23, 2016, 07:47:23 AM
 #3179

so when is the wallet release date

tclo
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December 23, 2016, 07:47:57 AM
 #3180

About when do you think we will start to see KMD being traded on major exchanges like Poloniex?  I missed the presale, but interested in buying some soon after it hits the market.

And what is the deal with the conversion to BTCD to KMD?   I wonder if I should buy some BTCD, although looks like price has been dropping hard lately.


Exchange listings are up to the exchange, however I can say it will be after wallet release and KMD distribution.

If you would like to get in KMD,  BTCD is the way to go as of this time,   anything under .00651 is a bargain.

Ok thank you for the response and I read a few pages back and looks like BTCD is a better deal right now than the ICO was, so I don't have to feel bad about missing that now.  It's weird luck, but I'll take it.
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